Digital MarCom’s Post

🌟 Exciting Investment News for CharcoalEats Food Tech Pvt. Ltd.! 🌟 CharcoalEats Food Tech Pvt. Ltd., the popular Indian quick service restaurant (QSR) chain specializing in biryani, has successfully secured $5.4 million (Rs 450 million) in funding from a group of investors. This round was led by Girish Patel, founder of Paras Pharma, valuing the company between $24 million and $30 million. About CharcoalEats Food Tech Pvt. Ltd.: Founded in 2015 by former finance executives Krishnakant Thakur and Anurag Mehrotra, Charcoal Eats has rapidly grown to operate 40 outlets across Mumbai, Pune, and Delhi-NCR, primarily through cloud kitchens. The brand offers two main product lines: Charcoal Eats for biryani and B Burger for gourmet burgers. Both founders bring extensive financial sector experience to the table, driving the brand's growth and innovation. Funding Details: The $5.4 million investment will be pivotal in facilitating Charcoal Eats' expansion into new markets, including the US, and enhancing its technological capabilities. Co-founder Krishnakant Thakur stated, “The capital will be used for distribution expansion, brand building, technology, and international expansions. The funds will help widen our reach to over 100 multi-format stores in the current fiscal year, as well as expand globally, especially in the US.” Nitin Mathur, founder of Tavaga and an early investor, highlights, “Consumer behavior is changing rapidly, and companies need to be agile. Charcoal Eats is perfectly positioned to adapt to these mega consumer trends and carve out new market niches.” Girish Patel praised the resilience of Charcoal Eats' founders, stating, “This milestone is a testament to the unwavering grit and resilience of founding entrepreneurs who have navigated the challenges of the pandemic with remarkable tenacity and vision.” Why Charcoal Eats is a Game-Changer: - Strong Market Presence: Operating in the lucrative $787 million biryani market, Charcoal Eats competes with major players like Biryani By Kilo and Rebel Foods. -Innovative Product Lines: Offering both biryani and gourmet burgers, the brand caters to diverse customer preferences. -Strategic Expansion Plans: With the new funding, Charcoal Eats aims to reach 100+ stores and expand its footprint internationally. Aspirants Space Encouragement We encourage Charcoal Eats to hire top talent and accelerate their growth journey. For those looking to join an innovative and fast-growing team, now is the perfect time! 📢 Share this exciting news within your network and stay tuned for more updates from Charcoal Eats! Source: https://lnkd.in/dRsQa3zm Aspirants Space : https://lnkd.in/gYkc-Ni8

“For years, I’ve been on a mission to make it possible for people everywhere to enjoy great food that is wholesome and that they love to eat”. Our CEO and Founder, Mateo Marietti, echoes this sentiment in his recent feature on Forbes. Learn firsthand how we're revolutionizing meal delivery in America, ensuring that quality, wholesome meals are accessible to all. Dive into the article to discover how we're shaping the future of food delivery! https://lnkd.in/d_UUqedr #foodtech #innovation #chefs #chef #startup #cookunity #fooddelivery #marketplace #marketplaces

We’re pleased to announce that Heritas has led the US$3.2m funding into Wholly Greens, a Singapore-based startup that operates a technology-driven food manufacturing and distribution business under the brand name Shake Salad. Wholly Greens has been focused on delivering #fresh, #healthy food at #affordable prices. Under the Shake Salad trademark, it sells a variety of ready-to-eat food such as salads, sandwiches, wraps and yogurt parfaits across its omni-channel distribution network comprising of traditional retail channels such as convenient stores, supermarkets and vending machines. "Heritas looks at holistic healthy #longevity solutions from curative to preventive care, and recognises that wider access to healthier and fresher diet options can impact the well-being of our communities especially those outside of central business districts. We are pleased that Wholly Greens through its tech-driven omni channel approaches can partner Heritas in creating and scaling new #foodtech solutions with more and more like-minded partners" says Janet Chia, Managing Director and Head of Private Equity at Heritas Capital.

Rs. 600 Crores in Annual Revenue, Profitable, and Holding a 70% Market Share in Dosa Batter 🥳 iD Fresh Food (India) Pvt. Ltd. Food, an incredible journey of innovation and persistence, stands as a testament to entrepreneurial success. Founded in 2005 by Musthafa P. p this humble venture from Bengaluru has now soared to great heights, achieving a whopping Rs. 600 crores in annual revenue! 🌟 The story began with a small idea - to deliver fresh, preservative-free idli and dosa batter to households. With a commitment to quality and innovation, ID Fresh Food quickly captured the hearts (and kitchens) of its customers. The company's signature product, dosa batter, now dominates the market with an impressive 70% share. 🥇 But it wasn't just about the products. iD Fresh Food (India) Pvt. Ltd. Food's unique approach to packaging and distribution played a significant role in its success. They introduced the concept of a spout pouch, ensuring the batter remained fresh and easy to use. This innovation not only set them apart from competitors but also resonated deeply with consumers. 📦 The company didn't stop at dosa batter. They expanded their product line to include a variety of fresh foods, from vada batter to parotas, chapatis, and paneer. Each product maintained the brand's commitment to quality and freshness, further solidifying its position in the market. 🥘 What truly sets iD Fresh Food (India) Pvt. Ltd. Food apart is its profitability. Despite the challenges of scaling up and maintaining quality, the company has remained profitable, a rare feat in the competitive food industry. This financial success is a result of smart strategies, a dedicated team, and an unwavering focus on customer satisfaction. 💰 iD Fresh Food (India) Pvt. Ltd. Food's journey is an inspiration for all aspiring entrepreneurs. It proves that with innovation, dedication, and a keen understanding of market needs, it's possible to transform a small idea into a thriving business. Here's to many more years of success and delicious food from ID Fresh Food! 🥂

Do you think 10-minute food delivery will make your life better? Absolutely not. Here’s why: Quick commerce is evolving at breakneck speed. #zepto launched Zepto Cafe, #zomato introduced Bistro, and #swiggy rolled out Bolt. Companies like Magician and Country Delight are also jumping in with their own versions. The numbers are staggering. Swiggy already fulfills 5% of its orders via Bolt, and Zepto Cafe handles around 30,000 orders a day. It’s clear—10-minute delivery is becoming the next big thing. On the surface, it sounds incredible. The convenience of having food at your doorstep in 10 minutes is hard to ignore. But have you ever wondered how this is even possible? Here’s the truth: for food to arrive in 10 minutes, it must be prepared in 2-3 minutes, leaving the rest of the time for delivery. But how can that even work? We can’t even cook Maggi in 2-3 minutes. The answer is simple, yet alarming: ultra-processed, ready-to-eat food. Stored in cold storage, heated quickly in a microwave, and sent your way. It’s neither fresh nor healthy (I hope I’m wrong here). While an occasional indulgence might be fine, the convenience of 10-minute delivery could quickly become a habit. And that’s where the real danger lies. This could contribute to a rise in obesity, sugar spikes, and even long-term effects like cancer. Of course, items like coffee might be fine for quick delivery. But this relentless push for speed and convenience is leading us down a dangerous path. We’re demanding more without fully understanding the cost.

Curefoods makes strategic investment in Dras Ice 📌The investment will allow Curefoods to leverage Dras Ice's frozen chain #logistics to strengthen distribution for its #cloudkitchens and quick-service restaurants (QSRs). Read more here⬇️

I rigged a quinoa salad for myself today and learnt absolutely no life lessons. Don't ask me for the recipe either; it's likely to be unimpressive. This post is about a quinoa disaster from my past, a tale of embarrassment and failure and rank incompetence (all mine), which I was reminded of while eating my salad just minutes before. The year's 2009, late summer. I'm twenty-three years old, living in Gurgaon with my then girlfriend. We have no definite source of income, even though we have graduated from IIM Ahmedabad just months back (my fiscal situation at the time needs another post). We are still somehow drunk on a sense of endless possibility about the future. With her capital, we buy one oven, one scooter. She is to cook, I am to deliver: that is the raw plan. This is before Zomato, folks, or at least before Zomato became Zomato. Our MO is basic: the day's menu is posted on a blog, and cooking's done on order. Our clientele is friends and acquaintances: mostly batchmates from IIMA cajoled into placing an order. We know nothing about packaging, zilch about presentation, nada about consumer tastes. And we are terrible at our jobs. My girlfriend has no great talent for cooking, and I'm terrible at finding my way on city streets, prone to forgetting turns and moving about in circles (no Google Map yet, mind). On the day when it all came crumbling down, which was not many days after the whole tamasha began, the menu was mashallah. We were offering a quinoa salad and a pasta on the menu. Nobody, I can safely say, knew what quinoa was at the time, and pastas still tended to be ordered as red- or white- or green-sauced ones. I have no clue what we were thinking. But we got an order that day! From a senior from IIMA. Totally organic: we hadn't reached out; we hadn't made a plea. So what did we do? We made a real mess of it. Tasteless salad, awful pasta. Pooled into daily-use polythene bags (white, opaque, the kind they give you liquor in at the L1 stores today). No spoons or forks of any kind, nothing to serve the food with. Delivered delectably late at a fine-dine price point. No idea about taxation, or even about the prices of individual items. Because there was no receipt. I remember my senior's face when he took the order from me and paid me what I'd sheepishly asked for. I won't describe it here. Later that evening, he wrote a long email to us. I have never felt so hot in my ears reading anything else. There were bullet points. Some things we could do better and had not cared about. Some things we were outrageously bad at. Some things that should make us hang our heads in shame. We shut down the operation that very evening. The blog was deleted, and I decided I was ok letting other people dominate the food-delivery business. We made a call and ordered in.

We updated our blog with an article called The Ultimate Guide to Navigating the Food & Beverage Startup World: A Fusion of Realities, Strategies, and Sarcasm and we hope you enjoy reading it: https://hubs.li/Q02sp8jP0 #cascadiamanagingbrands #Billsipper #Bobsipper

We updated our blog with an article called The Ultimate Guide to Navigating the Food & Beverage Startup World: A Fusion of Realities, Strategies, and Sarcasm and we hope you enjoy reading it: https://hubs.li/Q02sp7TJ0 #cascadiamanagingbrands #Billsipper #Bobsipper